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Total Cost of Ownership (TCO) EValuator

  1. Home
  2. Practice Areas
  3. Electric Mobility
  4. Total Cost of Ownership (TCO) EValuator

A key barrier to Electric Vehicle (EV) adoption is the perceived notion of high capital costs.

A more accurate assessment of an EV’s economic efficiency is a Total Cost of Ownership (TCO) analysis.

The WRI India TCO EValuator performs an analysis on key cost components and performance parameters, across all fuel segments and transport modes, to identify their impact on TCO per km.

This comparison offer valuable insights to policy makers, fleet operators, manufacturers, and private and public vehicle users and owners. View the recording of the webinar and panel discussion we recently conducted that sheds more light on the topic.

Electric Vehicle TCO

TRY OUT THE TCO EVALUATOR

Click on your preferred transport mode to compare the TCO of an EV with its diesel/petrol/CNG counterpart.

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RESOURCES

Procurement of Electric Buses: Insights from Total Cost of Ownership

- Aparna Vijaykumar, Dr. Parveen Kumar, Pawan Mulukutla and Dr. O.P. Agarwal

Total cost of ownership analysis of the impact of vehicle usage on the economic viability of electric vehicles in India.

- Parveen Kumar, Subrata Chakrabarty

TCO-BASED INSIGHTS

Unboxing the Barriers to Scaling up Electric Bus Adoption in India

Electric buses (e-buses) are steadily coming into focus as an answer to clean public transport. Innovative financing mechanisms and a robust legal framework for sharing risks and effective use of resources can help accelerate e-bus adoption. In the fifth and final blog of the TCO (Total Cost of Ownership) blog series, we discuss the cost of owning and operating e-buses as compared to diesel/petrol/CNG variants.

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Electric car adoption in India: Understanding personal and commercial e-car viability

While India’s Electric Vehicle (EV) mission has thus far been driven by two-wheelers and three-wheelers, electric car adoption is expected to accelerate in the coming decade. In this fourth installment of the five-part blog series on the Total Cost of Ownership (TCO) of electric vehicles, we turn our attention to the electrification of cars.

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Busting the cost barrier: Why electric three-wheelers make business sense

Currently, the e-3W market is dominated by e-rickshaws, where unorganized players have 80% of the market share. The e-auto segment, on the other hand, has a much more planned structure.I n this blog, we discuss the cost of owning and operating different variants of electric three-wheelers (e-3Ws) vis-à-vis their Internal Combustion Engine (ICE) variants.

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Powering India’s shift to electric mobility: Big opportunity in two-wheelers segment

Powering India’s shift to electric mobility: Big opportunity in two-wheelers segment

Two-wheelers account for 70% of the 200 million plus registered vehicles in India. The electrification of two-wheelers (2Ws) offers an enormous opportunity to cut down on carbon dioxide emissions and improve air quality levels. The second blog in the Total Cost of Ownership (TCO) EValuator series, this blog discusses and contrasts the costs of owning and operating electric two-wheelers and petrol two-wheelers.

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Total cost of ownership of electric vehicles: Implications for policy and purchase

Globally, and in India, the COVID-19 pandemic has temporarily interrupted the strong growth of the electric vehicles market. In the coming days, it will be important to regain this momentum in order to advance the decarbonization of transport. For India, with its low rates of vehicle ownership, electric vehicles or EVs offer the prospect to leapfrog the traditional fossil-fuel driven motorization to more sustainable transportation systems.

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Accelerating Electrification of Small Commercial Freights in India

Accelerating Electrification of Small Commercial Freights in India

With increased consumer demand e-commerce is undergoing a paradigm shift. With the share of BS-VI compliance being low, 4-wheeler small commercial freight vehicles are best poised for rapid electrification. A 14% reduction in carbon dioxide (CO2) emissions is attainable in this segment.

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Opportunity for Electric Two-wheeler (e-2W) in Hyperlocal Economy of India

With the pandemic a state of all pervasive geographical immobility has prevailed for a while now. There has also been an increased dependence on delivery of essentials goods.

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Electrification of 3-Wheeler Cargo Segment in India: Potential & Challenges

In FY2020, the goods carrier segment accounted for 17.5% (1,11,554 units) of the total domestic 3-Wheeler industry sales (6,36,569 units) in India. Since last year, the COVID-19 pandemic-induced restrictions have brought a structural shift in shopping behavior, where an increasing number of customers and businesses are shifting towards e-commerce platforms.

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